Oceaneering Return On Tangible Assets from 2010 to 2024
OII Stock | USD 27.97 0.50 1.82% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.04460641 | Current Value 0.0446 | Quarterly Volatility 0.11832442 |
Check Oceaneering International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oceaneering International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 38.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0156 or PTB Ratio of 2.02. Oceaneering financial statements analysis is a perfect complement when working with Oceaneering International Valuation or Volatility modules.
Oceaneering | Return On Tangible Assets |
Latest Oceaneering International's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Oceaneering International over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Oceaneering International's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oceaneering International's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
Timeline |
Oceaneering Return On Tangible Assets Regression Statistics
Arithmetic Mean | 0.01 | |
Coefficient Of Variation | 1,582 | |
Mean Deviation | 0.09 | |
Median | 0.04 | |
Standard Deviation | 0.12 | |
Sample Variance | 0.01 | |
Range | 0.3861 | |
R-Value | (0.27) | |
Mean Square Error | 0.01 | |
R-Squared | 0.08 | |
Significance | 0.32 | |
Slope | (0.01) | |
Total Sum of Squares | 0.20 |
Oceaneering Return On Tangible Assets History
About Oceaneering International Financial Statements
Investors use fundamental indicators, such as Oceaneering International's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Oceaneering International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.04 | 0.04 |
Currently Active Assets on Macroaxis
When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:Check out the analysis of Oceaneering International Correlation against competitors. For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.379 | Earnings Share 1.32 | Revenue Per Share 25.723 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0578 |
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.